The Future of Commerce: Blockchain Takes It All, Bitcoin Standing Small
How do consortiums/private Blockchains affect Bitcoin? Financial institutions are trying different ways of approaching Bitcoin’s blockchain. These technologies could be applied to our financial system by 2020. We are witnessing the development of Bitcoin and other cryptocurrencies known as alternatives. The path has certain obstacles, and the banking system tries to eliminate any possible dangers. Why Bitcoin cannot be used by financial institutions. In 2015 we have seen a many articles regarding the issue of public vs. private blockchain. The main argument as to why Bitcoin could not be....
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E-commerce is a growing trend all over the world, and competitors in this space have to stay on their toes at all times. Flipkart, the e-commerce leader in India, has unveiled its plans for going app-only, rather than making special deals accessible on its website or even in a mobile browser. Only time will tell whether or not more e-commerce giants will....
The Canadian Senate has officially taken a pro-Bitcoin stance with regards to future national regulations of Bitcoin and other digital currencies. The official Canadian Senate report titled "Digital Currency: You Can't Flip This Coin! Report of the Standing Senate Committee on Banking, Trade and Commerce" explains how the government body views digital currency, and how it will be regulated, or not, going forward. Canada Will Allow Bitcoin to Develop. The Canadian Senate has spent the better part of the last year reviewing the role of digital currencies will have on the future of economics....
As the growing bitcoin economy attracts increasing attention from regulators, it's probably fitting that one of the latest businesses to begin accepting the digital currency is a law firm. Law 4 Small Business, or L4SB -- whose slogan is, "A little law now can save a lot later" -- is an "internet-savvy, high-tech law firm and law practice," said attorney Laurence S. Donahue, who founded the Albuquerque, New Mexico-based firm. Because of that, he said, "accepting and honoring bitcoin adds credibility to that claim." Bitcoin," Donahue said, is "not for the faint of heart, as its value....
E-commerce is a booming business, as more and more consumers complete their purchase online. But there is one major problem plaguing both e-commerce and brick-and-mortar shopping, and that is counterfeit goods. Verifying the integrity of a product, especially when it is sold by a third-party vendor, is impossible until it arrives at the recipient’s doorstep. Alibaba, one of the largest e-commerce platforms in China, launched TaoProtect for counterfeit reporting purposes. Even though Alibaba is often referred to as the largest e-commerce platform in China, there has been vast interest from....
In April, Bitcoin Magazine reported that global payment provider Align Commerce launched a public beta of its payments platform, the first in the industry to use the Bitcoin blockchain transparently to enable faster and cheaper global payments. Transactions appear as traditional payments at both the sending and the receiving end, but Align Commerce pipes the transfer through the blockchain instead of using several intermediate banking relays, halving both time and cost of traditional international wire transfers. Now Align Commerce announced that it has raised a $12.5 million Series A....